Hotel or Serviced Apartments Lease Available, Maidenhead

Location: Maidenhead, Berkshire, UK close to major corporate offices of Seiko, Abbot, SAP, Mattel and others

Name: Currently Maiden House – Unbranded – opening Q4 2020

No. of Keys: 46 – All One Bedroom Apartments

The Property: The new-build will comprise 46 suites across three floors: 46 one bedroom apartments C1 Planning consent, Ground Floor Foyer, average room size: 45m2 (from 20 to 113 m2), close to Maidenhead main line (to London Paddington) and Crossrail (Elizabeth Line), due to open 2021!

The building is 22,322 sq, ft.

The population of Maidenhead is approximately 73,000 people. Maidenhead is situated in the Silver Corridor, following the M4 motorway. This is a popular area for people who commute to London, Slough or Reading. The area’s prime industries include software, plastics, pharmaceuticals, printing and telecommunications. Office based service sectors account for 92.3% of jobs in the area, with 25% of the workforce working in financial services.

With the Elizabeth Line, Paddington will be accessible within 37 minutes and Canary Wharf in 55 minutes.
West Rail Access to Heathrow; will provide a new direct link to Heathrow airport, the UK’s busiest airport. There will be four trains an hour from Reading to the airport, two of which will stop at Maidenhead.

Floor Plans available.

Main Photo: The location of Maiden House

Tenure: FRI Lease – 15 to 25 years, five-year increases

Brand/Management: No Flag affiliation

Current Owner: Aberdeen Standard Life sold the freehold in May 2018

Yield/Financial: Projected business plan available

Guide Price: £13,000 per key – £600,000 annual rent

Date Posted: June 2019

Agent: MRP in partnership with THPT

THPT Comment: A great location in Berkshire with fab transport links to Heathrow and London, once Crossrail is open…Designed currently as serviced apartments, could be a conventional hotel.

Contact us for further information

 


This is a new feature on the THPT site…. Hotel & Serviced Apartment owners can be naturally reticent in publicising their property is for sale…for confidentiality reasons, for staff and current client reasons, so the properties featured in this section will either be “generic” or “name specific”

 

The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.

For more information – Visit www.thpt.co.uk or email info@thpt.co.uk.